West Coast Life Ins Co
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Data for Year-End 2009 from the life insurance companies' statutory annual statements. All dollar amounts are in thousands. All ratings shown are
current as of July 01, 2010.
Presented by: Michelle Lauritzen, 3700 Embassy Drive, Akron, OH 44333 Phone: 330-576-1100 Email: michellel@buaweb.com
Group Affiliation: Protective Life Corp
Address: 2801 Highway 280 South
Birmingham AL 35223
Phone: 415-591-8200
Ratings
A.M. Best Company(Best's Rating, 15 ratings) A+ (2)
Standard & Poor's(Financial Strength, 20 ratings) AA- (4)
Moody's(Financial Strength, 21 ratings) A2 (6)
Fitch Ratings(Financial Strength, 21 ratings) A (6)
TheStreet.com(Safety Rating, 16 ratings) C (8)
Comdex(Percentile in Rated Companies) 87
Invested Assets
Total Invested Assets 3,421,605
Bonds - 68.8% Stocks - 4.1%
Mortgages - 21.5% Real Estate - 0.0%
Policy Loans - 1.0% Cash & Short-Term - 4.6%
Other - 0.0%
68.8%
4.1%
21.5%
4.6%
Non-Performing Assets
Bonds In or Near Default 3.2%
Problem Mortgages 0.0%
Real Estate Acquired by Foreclosure 0.1%
Total Non-Performing Assets/Surplus & AVR 3.4%
As a Percent of Invested Assets 0.5%
Income & Earnings
Total Income 487,307
Net Premiums Written 215,182
Earnings Before Dividends and Taxes -33,884
Net Operating Earnings -36,760
Domicile: NE
NAIC Number: 70335
Year Established: 1915
Company Type: Stock
Assets & Liabilities
Total Admitted Assets 3,529,519
Total Liabilities 3,003,902
Separate Accounts 11,067
Total Surplus & AVR 529,764
As % of General Account Assets 15.1%
Investment Yields
0.0%
2.0%
4.0%
6.0%
8.0%
2005 Yields - 6.09% 2006 Yields - 5.87%
2007 Yields - 5.77% 2008 Yields - 5.65%
2009 Yields - 5.59%
5 Year Average 5.79%
Bond Quality
Class 1 Highest - 44.6% Class 2 Higher - 48.2%
Class 3 Medium- 4.9% Class 4 Low - 1.1%
Class 5 Lower - 0.5% Class 6 In or Near Default - 0.7%
44.6%
48.2%
4.9%